Corporate Governance Report

Company Policies

CROWN EQUITIES, INC.

All directors and employees are prohibited from engaging in transactions that result in conflicts of interest and are mandated to promptly disclose actual or perceived conflicts of interest, such as acceptance of gifts, interest in businesses of competitors, participation in other organization or activities and close personal relationships in the Company or its affiliates and subsidiaries. Conflicted directors are required to inhibit themselves from participating in board meetings and are specifically identified in the Company’s Definitive Information Statement submitted to the SEC.

CROWN EQUITIES, INC.

Recognizing the role of corporate social responsibility in nation-building, CEI conducts its activities in a socially and environmentally responsible manner. The Corporation is currently identifying activities and initiatives to further integrate in its operations as would ensure that its business is conducted in an economic, social and environmentally sustainable manner.

CROWN EQUITIES, INC.

All directors, officers, employees and other covered persons as defined in the Insider Trading Policy are prohibited from engaging in transactions that result in conflicts of interest and are mandated to promptly disclose actual or perceived conflicts of interest, such as acceptance of gifts, interest in businesses of competitors, participation in other organization or activities and close personal relationships in the Company or its affiliates and subsidiaries. Conflicted directors are required to inhibit themselves from participating in board meetings and are specifically identified in the Company’s Definitive Information Statement submitted to the SEC.

CROWN EQUITIES, INC.

The Company shall maintain a safe, productive and conducive workplace and comply with all applicable health, safety and environmental laws. In this regard, company employees are covered by rules against the use of prohibited drugs and working under the influence of liquor.

All officers and employees shall be treated fairly and accorded respect and dignity. Their individual and collective rights shall not be violated. Opportunities for career advancement shall be provided based on clear performance and qualifications criteria. The Company shall also provide learning and development opportunities for professional growth.

CROWN EQUITIES, INC.

Full disclosure of the details, nature, extent and all other material information on transactions with related parties in the Company’s financial statements and quarterly and annual reports to the SEC and PSE shall be observed at all times. Details of transactions entered into by the Company with related parties are required to be reviewed by independent directors in accordance with the RPT Policy, to ensure these are conducted at arms’ length.

CROWN EQUITIES, INC.

The Company’s whistleblowing policy was adopted to create an environment where concerns and issues, made in good faith, may be raised freely within the organization. Any director, officer, employee customers, shareholders, vendors, suppliers and other stakeholders may accomplish an incident report on suspected or actual violations of the Code of Ethics, the Company’s Code of Conduct or any other applicable policy, law or regulation. The policy provides for a conduct of investigation of the incident report. The policy also includes provisions for non-retaliation against filer of the incident report. Upon receipt of the incident report, Management conducts an investigation on its merit, subject to due process, and impose applicable penalties and sanctions thereafter.

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